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As projects progresses, the project manager might want to get a real-time view of his resources work loads based on actual approved time. This report provides visibility of free resources & helps the PM adjust allocations to ensure optimal resource utilization. 

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Lets take an example:

A resource Peter Parker is assigned to a task 'Setup Cubicles'

  • Task Schedule: From 10th to 17th in a month i.e 6 days
  • Work: 12h (Work)
  • Allocation: 25%

So, the allocation for Peter (Hours (Est)) will be divided across the planned dates for the task (12h / 6d) which is as follows:

10th
11th
12th
15th
16th17th
222222

Assume today is 11th and Peter fills time-entry for 4 hours on 10th and is approved. So, on 10th (past date), the real-time assignment for Peter on 10 is 4h. Now, the remaining work is 8h which is divided across the available duration of the task i.e. 8/4=2h from 12th of the month; excluding today.